JAPAN: Textile Maker Teijin Back In The Black
Synthetic fibre producer Teijin Ltd on Tuesday revealed it moved back into the black during the first half as it was boosted by higher sales and its recent restructuring efforts. The group said net profit for the six months to the end of September was Y5.9 billion compared to a year-ago loss of Y1.08 billion, with sales up 1.8 per cent year-on-year to Y443.5 billion.
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